C. Brett Burford has tendered notice of his resignation, effective as of November 4, 2015, as a member of the Board of Directors and as Chief Financial Officer of DGSE Companies Inc. In order to fill the vacancy created by Mr. Burford's resignation, on October 29, 2015, the Board of Directors elected Nabil J. Lopez as a member of the Board of Directors and to the position of Chief Financial Officer of DGSE effective as of November 4, 2015. Mr. Lopez, age 46, is currently DGSE's Senior Vice President and Controller. Mr. Lopez has been with DGSE since September of 2012, and prior to DGSE served as Director of Financial Reporting and Internal Controls for Zale Corporation, a leading national retailer of jewelry and watches.

Prior to joining Zale, Mr. Lopez was a Senior Manager in the accounting and auditing services division of KPMG LLP from 2007 through 2009. Mr. Lopez holds a B.B.A. in Accounting from the University of Texas at Arlington, from which he graduated cum laude. Mr. Lopez is a certified public accountant in the state of Texas.